To Prepare Each Company's Data for Consolidation

(Financial Controller only)

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1. Each company to be included in the consolidation must start in the same financial month and year and have the same base currency. To check the financial month and year, choose the Financial Year option from the Settings menu.

Note: You must not consolidate companies that have different base currencies.

2. Make sure all of your recurring entries have been posted.

3. Using the month end option, post any depreciation, prepayments and accruals you have. You should also clear your stock files and audit trail.

4. Run your financial reports for each of your companies and check they are correct.

Your next step...

To Consolidate your CompanyÆs Accounts